Fiat worth more than GM. Really.

Dec 15th 2005 at 8:00PM

How times change. The market value of the Fiat Group is now $12.87 billion, comfortably ahead of General Motors at $12.67 billion.
The Financial Times reports that a little over 2 years ago, when it was planning to buy the group's automaking division, GM was worth more than seven times Fiat.

I guess that multi-billion dollar loss on the Fiat deal is taking on a whole new dimension now…